Investing.com - Jabil Circuit (NYSE:JBL) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Jabil Circuit announced earnings per share of $1.44 on revenue of $7.41B. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $7.67B.
Jabil Circuit shares are up 43.29% from the beginning of the year and are trading at $58.80 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Jabil Circuit shares lost 3.51% in pre-market trade the report.
Jabil Circuit follows other major Technology sector earnings this month
Jabil Circuit's report follows an earnings beat by Adobe on Tuesday, September 21, 2021, who reported EPS of $3.11 on revenue of $3.94B, compared to forecasts EPS of $3.01 on revenue of $3.89B.
Oracle had beat expectations on Monday, September 13, 2021 with first quarter EPS of $1.03 on revenue of $9.73B, compared to forecast for EPS of $0.9726 on revenue of $9.76B.
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